Leased
For Sale
$219,900
514 514-516 S Mebane St, Burlington, NC 27215
Two leased residences provide an in-place occupancy profile with scheduled lease expirations in 2026 and 2027.
Property SizeContact for details
Days on Market42
Property Features for 514 514-516 S Mebane St
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
COLDWELL BANKER - HP&W
(919) 906-4840
Listed By:
Bryan Guarnieri · License #299470
Source:
Vickiegallimore
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 25 at 5:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER - HP&W
Investment Insights
Based on property information with market context.
This duplex at 514–516 S Mebane St. comprises two leased residential units in a building constructed in 1920. The separate residences are identified as 514 S Mebane St. and 516 S Mebane St., providing a two-unit configuration for a residential income property buyer.
The unit at 514 S Mebane St. has a lease scheduled to end on 10/5/2026, while the lease for 516 S Mebane St. extends through 1/13/2027. The property is located in Burlington, NC 27215.
The unit at 514 S Mebane St. has a lease scheduled to end on 10/5/2026, while the lease for 516 S Mebane St. extends through 1/13/2027. The property is located in Burlington, NC 27215.
Key Highlights
- Two‑unit duplex configuration at 514–516 S Mebane St.
- Both residences are currently leased
- Lease at 514 S Mebane St. expires 10/5/2026
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
983
Businesses Nearby
Explore this area
Business Placement
Demographics for 27215, NC
44,620
Population
21,854
Households
2
Avg Household Size
42
Median Age
37%
College-Educated
92%
High-School Grad
63.1 sq mi
ZIP Area
707
Density / Sq Mi
$66,669
Median Household Income
$45,267
Median Earnings
$1,112
Median Rent
$241,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased residences provide an in-place occupancy profile with scheduled lease expirations in 2026 and 2027.
Where is this duplex located?
The property is located at 514 514-516 S Mebane St Burlington, NC.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two‑unit duplex configuration at 514–516 S Mebane St.; Both residences are currently leased; Lease at 514 S Mebane St. expires 10/5/2026
